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Trucking

Durning this year Japan go hit by the sonome and shut Toyota down. I lost over 150,000.00 dollors during the shut down. That was a big hit for our small comany. My wife and I have been in business since 1999 and both are disable so loosing our company is not a option, who can live on disibility checks. We had to take acouple of loans out and put a second morgage on our home to servive our loss. The promblem is I need to update some of our equipment 1 semi has over 1 million miles and repair cost are eating us up on our old equipment. Please help with A sugesstion or a way to fix my promblem.

cooldude | Window Shopper |
6/13/2012 - 11:13 am

Hi. Have you taken out SBA loans? If not, it might be helpful. Check out the
website here:
http://www.sba.gov/category/navigation-structure/loans-grants/small-business-loans/disaster-loans

"SBA provides low interest disaster loans to homeowners, renters, businesses
of all sizes and private, nonprofit organizations to repair or replace real
estate, personal property, machinery &amp; equipment, inventory and business
assets that have been damaged or destroyed in a declared disaster.

SBA now offers you the option of filing your home and business disaster loan
applications through the Electronic Loan Application (ELA)."

ayunksyah | Window Shopper |
6/13/2012 - 2:12 am

kmurray | Community Moderator |
12/28/2011 - 3:55 pm

Hi Jim,
Visit this page to read the section on financing options to see if any might apply to your situation. You might also want to check out our loans and grants tool.
Another approach that may be useful is talking to a mentor who could offer you specific guidance or utilizing one of SBA's resource partners like SCORE, Women’s Business Centers and Small Business Development Centers located across the country. They provide free business counseling to individuals looking to start or expand a small business. Visit SBA Direct to find your local SBA resource partners by entering your zip code.